Competix.com delivers superior automated lending solutions to lenders nationwide.
Competix.com delivers superior automated lending solutions to lenders nationwide. The company's Internet lending solution called Credit Manager is a turn-key credit-decisioning service based on proven, state-of-the-art lending technology developed by a $1 billion international information technology firm and one of the largest banks in North America. This same technology that's used by banks, financial organizations and lending institutions throughout the country is now available as an affordable service offered to community banks as a cost-effective alternative to traditional large-scale lending software and expensive hardware systems.Credit Manager harnesses the power of the Internet to fully automate the entire lending process from application, to credit decision, to booking in an online, real-time environment. The service supports a wide range of personal and small business loan products, including installment loans, revolving credit lines, credit cards, overdraft protection, mortgages, home equity loans and indirect lending.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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May 30, 2000 | Series Unknown | $15M | 3 | JP Morgan Chase | — | Detail |
Investor Name | Lead Investor | Funding Round |
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JP Morgan Chase | Yes | Series Unknown |
Bank of Montreal | — | Series Unknown |
TransUnion | — | Series Unknown |